LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 08.05.1997.
LME OFFICIAL PRICES - MAY 08
CASH 3 MTHS 15 MTHS 27 MTHS SETT
COPPER 2442.0/43.0 2378.0/79.0 2095.0/05.0 2030.0/40.0 2443
(STG EQV) 1508.02 1470.66
TIN 5830/5835 5850/5855 5970/5980 5835
LEAD 624.50/5.00 635.00/5.50 668.00/3.00 625
(STG EQV) 385.8 392.86
ZINC 1304.5/05.5 1324.0/24.5 1283.0/88.0 1240.0/45.0 1305.5
ALU.HG 1642.0/43.0 1665.0/65.5 1648.0/53.0 1628.0/33.0 1643
NICKEL 7625/7630 7740/7745 7970/7990 8140/8160 7630
ALALLOY 1485.0/90.0 1510.0/12.0 1600.0/20.0 1490
SETTLEMENT RATES - GBP 1.62 DEM 1.7125 JPY 123.75
Base metals firm at midsession
LONDON, May 8 (Reuter) - Base metal prices sped higher
during reasonably active Thursday LME ring and kerb trading,
with an upbeat trend maintained despite some expected
profit-taking and technical resistance.
Zinc was the star performer, capitalising on Wednesday's
late inter-office advance, with prices rising to the highest
levels since October 1992. But other metals were also in the
frame, such as aluminium which moved smoothly to a six
week-high, and copper which went to work on the $2,380 level and
above.
"There is a better feel to the place - the turnovers are not
that great but the funds are sniffing around in zinc and
aluminium, so there is a bit more to play with on the upside,"
one said.
Zinc raced away from early levels near $1,300, breaking
successive chart targets and triggering buy-stops and fund
interest before the advance slowed near $1,330.
Traders said zinc's fundamental background is supportive,
with stocks falling and the demand outlook positive. In the
short-term, the market's objective is $1,350.
Last kerb business was at $1,327 a tonne, down just $1 from
the peak, but a substantial $40 up from Wednesday's kerb close.
Aluminium settled back from an early high of $1,672, but
remained higher after Wednesday's sharp jump from the $1,620
level. Last trade was at $1,665, up $4.
Today's action represented a consolidation after the run-up
late Wednesday when fund buying was triggered. However, there
was further evidence of a contracting contango, with cash/threes
at $20/21, against midday levels of $30 yesterday.
Borrowing interest was not so acute today, but rates are
narrowing across the spectrum. Cash/one day was at a minimal
$0.25 contango, cash/May at $3 contango, while, further ahead,
July/week was at a $1 backwardation.
Copper attempted to erode the expected strong resistance
above $2,380, hitting a high of $2,387, but foundered against a
background of some cash pricing and light lending. Prices were
$10 higher at the end of the kerb at $2,380.
Traders said copper is still unconvincing at the highs, with
stocks still dribbling in to LME warehouses and the varous
stoppages and disputes in Chile and North America now factored
in.
Elsewhere in the complex there were solid advances in both
tin and nickel - the latter market boosted by some merchant
buying. Last nickel business was at $7,740, up $130, while tin
ended the session $105 higher at $5,900.
Lead took its cue from zinc, and rose $10 to $635, while
alloy was steady at $1,510.
FRANCUSKA BURZA - 07. svibnja 1997. - burza nije radila
BAKAR FFR/100 KG 1471
KOSITAR FFR/100 KG 3946
CINK EL. FFR/100 KG 804
ALUMINIJ FFR/100 KG 1200
SREB. C3E FFR/KG 836/985
PLATINA FFR/KG 60100/90600
PALADIJ FFR/KG 26000/34400
IRIDIJ FFR/KG 23500/46000
KOBALT FFR/100 KG 36617
ŽIVA FFR/100 KG 5200
NJEMAČKA BURZA - 07. svibnja 1997. - u DEM po 100 kg
GERMAN ELEKTROLITIK 423.36/435.10
OLOVO U KABELIMA 99.94% 121.25/122.25
081520 MET may 97
Njemački veleposlanik: Trump želi redefinirati ustavni poredak
Više od 70 uhićenih na propalestinskom skupu u Londonu
Trumpovu inauguraciju poremetila hladnoća
Trump želi u Kinu u prvih 100 dana mandata
Prekid vatre u Gazi počinje u nedjelju ujutro
Najava događaja - fotografije - za nedjelju, 19. siječnja
Najava događaja - sport - za nedjelju, 19. siječnja
Najava događaja - kultura - za nedjelju, 19. siječnja
Najava događaja - svijet - za nedjelju, 19. siječnja
Najava događaja - Hrvatska - za nedjelju, 19. siječnja